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INTRODUCTION TO ESTIMATING

CHAPTER ONE. INTRODUCTION . TO ESTIMATING . 1 1 GENERAL INTRODUCTION The estimator is responsible for including everything con- tained in the drawings and the project manual in the submit- Building construction ESTIMATING is the determination of ted bid. Because of the complexity of the drawings and the probable construction costs of any given project. Many items project manual, coupled with the potential cost of an error, influence and contribute to the cost of a project; each item the estimator must read everything thoroughly and recheck must be analyzed, quantified, and priced. Because the esti- all items. Initially, the plans and the project manual must be mate is prepared before the actual construction, much study checked to ensure that they are complete.

work in order for these companies to furnish a price quote. The complexity of an estimate requires organization, the estimator’s best judgment, complete specialty contractors’ (subcontractors’) bids, accurate quantity takeoffs, and accu-rate records of completed projects. CHAPTER ONE M01_PETE1165_09_SE_C01.indd 1 7/20/17 4:06 PM

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